CNBC Economy / Updates
- Markets now see the Fed's next move as a potential rate hike as inflation fears mount March 27, 2026Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
- China industrial profits surge 15% to start year, but oil price shock threatens outlook March 27, 2026Soaring energy prices are expected to impact China's economy less than most other countries, due to its massive oil reserves and alternative energy sources.
- Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate March 26, 2026The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.